Piedmont Lithium Inc. (PLL)
NASDAQ: PLL · Real-Time Price · USD
12.05
+1.58 (15.09%)
At close: Nov 21, 2024, 4:00 PM
11.98
-0.07 (-0.58%)
After-hours: Nov 21, 2024, 7:52 PM EST
Piedmont Lithium Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Piedmont Lithium stock have an average target of 21.33, with a low estimate of 7.80 and a high estimate of 60. The average target predicts an increase of 77.01% from the current stock price of 12.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PLL stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 5 | 5 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Sell → Hold Upgrades $14 | Sell → Hold | Upgrades | $14 | +12.03% | Nov 21, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $40 → $31 | Strong Buy | Reiterates | $40 → $31 | +157.26% | Oct 30, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $8.5 → $9 | Hold | Maintains | $8.5 → $9 | -25.31% | Oct 29, 2024 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades $9 → $8 | Hold → Sell | Downgrades | $9 → $8 | -33.61% | Oct 21, 2024 |
| Macquarie | Macquarie | Hold → Sell Downgrades $7.8 | Hold → Sell | Downgrades | $7.8 | -35.27% | Oct 16, 2024 |
Financial Forecast
Revenue This Year
101.87M
from 39.82M
Increased by 155.85%
Revenue Next Year
115.41M
from 101.87M
Increased by 13.29%
EPS This Year
-2.65
from -0.01
EPS Next Year
-1.02
from -2.65
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 118.0M | 146.7M | 164.9M | |
| Avg | 101.9M | 115.4M | 141.4M | |
| Low | 90.2M | 84.2M | 109.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 196.4% | 44.0% | 42.8% | |
| Avg | 155.8% | 13.3% | 22.5% | |
| Low | 126.4% | -17.4% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.52 | -0.02 | 0.57 |
| Avg | -2.65 | -1.02 | -0.80 |
| Low | -2.81 | -2.81 | -2.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.